Post Utme Greenfield University 2019 Commerce Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2019 Commerce Objective / Multiple Choice
Question 30 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • COMMERCE • objective

A company's revenue function is given by R = 100Q - 2Q^2, where R is the total revenue and Q is the quantity produced. If the company increases its quantity produced from 50 to 60 units, what is the percentage change in the total revenue?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Greenfield University 2019 Commerce Question 30. It is one of the objective questions from the 2019 Post Utme Greenfield University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support